Study on the Impact of ESG Performance on High Quality Development of Enterprises——Experiential Evidence from A-share Listed Companies
The performance of enterprise ESG is in line with the new development concept,and plays an important role in the process of promoting the high-quality development of enterprises.Using the data of Shanghai-Shenzhen A-share listed companies in 2009-2021,the impact of ESG performance,environmental responsibility(E),social responsibility(S)and corporate governance(G)on the high-quality development of enter-prises and their function mechanism are empirstudied.research finding,ESG performance can significantly drive the high-quality enterprise devel-opment,And the three dimensions of performance can significantly promote the high-quality development of enterprises;The mechanism of action test found that,ESG performance and the three dimensions can promote the high-quality development of enterprises by improving green technology innovation and green management innovation,The green cognition of senior executives strengthens the promotion effect of ESG performance and three dimensions performance on the high-quality development of enterprises;The heterogeneity analysis showed that,The driving effect of ESG perform-ance on the high-quality development of enterprises is greater among enterprises in polluting industries and regional enterprises with high environ-mental regulation degree,In addition,there are differences in the three dimensions in promoting the high-quality development of enterprises.
ESG performancehigh quality developmentgreen technology innovationgreen management innovationexecutive green cognition
万方数据
